Koncile Howto
Koncile is an AI-powered procurement analytics platform that automates invoice verification, extracts detailed line-item data, and provides spend analytics to help businesses control costs and unlock up to 20% savings.
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Sign up/Login: Create an account on Koncile platform or login to your existing account at app.koncile.ai. You can also create a demo account to test the features.
Upload Documents: Import your documents (invoices, contracts, quotes etc.) via email or by connecting to your existing tools. Koncile supports multiple formats including PDFs, scans, and Word documents.
Configure Extraction Fields: Use the intuitive interface to define and customize which data fields you want to extract from your documents. Select from available templates or create your own extraction scenarios.
Set Up Control Rules: Create validation rules and instructions tailored to your organization's needs to automatically verify documents and detect anomalies.
Organize Workflow: Set up automated workflows to sort and direct documents to appropriate categories or suppliers. The AI will organize documents based on your defined needs.
Review Extracted Data: Access detailed line-by-line breakdowns of your invoices and quotes. Verify the extracted information and check for any discrepancies.
Export Results: Export the extracted data in your preferred format (Excel, XLS) or access it via API for integration with other systems.
Monitor & Analyze: Use the platform to track spending patterns, identify savings opportunities, and generate insights for procurement optimization.
Koncile FAQs
Koncile is an AI platform for procurement teams that uses intelligent OCR technology to analyze invoices, contracts, and other business documents. It helps companies control spending and potentially generate up to 20% in savings.
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